ZIP PAY
Any repayments made will automatically go towards the item you purchased first. This includes any additional repayments made on the account.
ZIP MONEY
Repayments allocated towards your Flex schedule will include any purchases under $300, Gift Cards, and any purchases you have switched off instalments. The Flex schedule will be aligned with the date of your first transaction.
For example; if you accepted your contract and activated your Zip Money account on the 10th of January and then made your first purchase/transaction on the 15th of January then your minimum monthly repayment would be due on the 15th of every subsequent month
If you are making repayments on Instalments your repayment is distributed towards each instalment according to how much is due to be repaid for the month for this purchase to remain interest fee within its' interest free terms.